Asking Price: £420,000 including £120,000 of assets

Annual Turnover: £456,000 p.a. for last financial year

Profit: The pre-tax profit, before director drawings, consistently exceed £150,000 per annum

Key Strength:
• Loyal Repeated customer based.
• Long established business.
• Highly profitable.
• Retirement Sale.
• No local competition.

Business profile:

The successful purchaser will acquire a successful highly profitable vehicle servicing, repair & MOT Garage, well established with a large client base. The business is a member of the Scottish Motor Trade Association.

The Business enjoys a loyal, varied and repeat customer base including the local Estate, the Scottish Government and Police Scotland. With no local competition, they are the only garage in the town and well respected.

There has never been a need to advertise, because there are more than enough customers. The business has a one-page website to provide Internet users with contact details.

The reason for the sale is the retirement of the owner of this successful business, who has never offered the business for sale previously.

This business is ideally located in an industrial estate on an A road, the well-established garage enjoys the benefit of a yard and lockable high gates, on an industrial Estate.

The garage is fitted with grills, closed circuit TV and a Redcare alarm system. The Business utilises Sage accounting and Autowork workshop software to run the administrative side of the business.

All services are connected Electricity, Mains Water, Sewerage, Broadband, Electricity and Telephone.

The business is known locally as being fully equipped, well presented, trustworthy, honest, reliable, and friendly.

Staffing: One full time motor technician

Customer Base: The Business enjoys a loyal, varied and repeat customer base including the local Estate and work for the Scottish Government and Police Scotland.

Competition: The Business faces no local competition as they are the only garage in the town and well respected